Implied Obligations Clause Samples
The Implied Obligations clause defines duties and responsibilities that are not expressly stated in the contract but are understood to be part of the agreement by law or custom. In practice, this clause ensures that parties uphold basic standards such as acting in good faith, exercising reasonable care, or fulfilling necessary steps to achieve the contract’s purpose, even if these are not explicitly written. Its core function is to fill gaps in the contract, ensuring fairness and preventing parties from evading essential duties simply because they were not specifically mentioned.
Implied Obligations. This Agreement sets forth all of the rights and obligations of the Parties with respect to the subject matter hereof.
Implied Obligations. LAFCo and the City shall reasonably cooperate to achieve the purposes of this agreement, and shall execute or provide as requested such other documents and information as are reasonably necessary to achieve those purposes.
Implied Obligations. It is the intention of both parties that any implied obligations referenced or defined in The Supply of Goods and Services ▇▇▇ ▇▇▇▇ or The Sale of Goods ▇▇▇ ▇▇▇▇ as amended, are expressly excluded for the purposes of this Agreement.
Implied Obligations. Lender shall have no implied obligations under this Agreement and makes no implied covenants, representations or warranties to CSO. Lender’s obligations, covenants, representations and warranties are limited to those expressly stated in this Agreement. CSO shall have no implied obligations under this Agreement and makes no implied covenants, representations or warranties to Lender. CSO’s obligations, covenants, representations and warranties are limited to those expressly stated in this Agreement.
Implied Obligations. This Agreement sets forth all of the rights and obligations of the Parties with respect to the subject matter hereof. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Implied Obligations. This Agreement sets forth all of the rights and obligations of the parties with respect to the subject matter hereof. Without limiting the foregoing, nothing in this Agreement shall be deemed to prevent either Party from engaging in activities outside of the Development Program, alone or with Third Parties, subject to the restrictions in this Agreement on use of Confidential Information of the other Party and any license limitations herein.